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3901 Nasa Pky - Waterfront Venue For Sale
8,000 SF Specialty Building Offered at $6,400,000 in El Lago, TX 77586
Investment Highlights
- BREATHTAKING WATERFRONT VENUE - AMAZING INVESTMENT OPPORTUNITY!
Executive Summary
The property was appraised at $4.7 million in 2020 prior to major renovations which added square footage to the venue, outdoor seating areas, and a fully equipped commercial kitchen. In addition to these major additions and improvements the area has grown significantly in the past year. The appraised value will have increased significantly since the last appraisal in 2020.
Data Room Click Here to Access
- Miscellaneous
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $6,400,000 | Lot Size | 2.40 AC |
| Price Per SF | $800 | Building Size | 8,000 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Sale Conditions | Business Value Included | Year Built/Renovated | 2015/2023 |
| Property Type | Specialty | Parking Ratio | 8.13/1,000 SF |
| Property Subtype | Lodge/Meeting Hall |
| Price | $6,400,000 |
| Price Per SF | $800 |
| Sale Type | Owner User |
| Sale Conditions | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Lot Size | 2.40 AC |
| Building Size | 8,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2015/2023 |
| Parking Ratio | 8.13/1,000 SF |
Amenities
- Signage
- Waterfront
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
About 3901 Nasa Pky , El Lago, TX 77586
Top Waterfront Wedding and Events Venue in Houston, TX! The business is thriving and has a full calendar through 2026. The venue has been in business since 2015 and has an amazing staff that runs the day to day operations. The venue is complimented by the large airbnb next door which sleeps over 30 guests with a cash flow of around $250,000 a year. The airbnb property is also offered for sale on HAR and can be viewed at the link provided below.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,642,194 (2023) | |
| Land Assessment | $1,232,664 (2023) | Total Assessment | $2,874,858 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | commercial |
| commercial |
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3901 Nasa Pky - Waterfront Venue For Sale
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